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20120926
20121004
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obama as to how to prevent the need for a strike on iran. obama's strategy seems to be based on some sort of wishful thinking, whereas netanyahu's is kind of more built upon historical context and what has prochb to proven to be a success in the past. the only time we've ever seen iran suspend their nuclear program was back in 2003 when the threat of credible military action was real. what netanyahu is coming out and saying today is we better make that real. otherwise, you know, it's going to hit us where we least expect it. >> so, john, what do you think an israeli strike on iran would do to the price of oil and the markets? i mean, obviously this has much broader implications for the world and people's lives, but taking a look at the oil markets, how destabilizing would that be? >> you know, it will depend, maria, on what the strike looks like, to be straight here. a pinprick type of operation like they did in syria and iraq years ago would certainly spike the price of oil. you're going to go right to that 2008 $150 high. maybe even higher. but do we stay there? that's the question
. they're hearing president obama does not have the answer. they hear from the other side that neither does mitt romney. they're scared. so many of our clients have actually been on the sidelines. this has been a relatively low volume rally. i think it still has legs. i think multiples are reasonable and there's still room to go. >> that's what we have pondered here lately, dick. is this sort of stealth rally, as i called it before -- here we sit near 5 1/2 rear hiyear high the market, even as we worry and wring our hands over those issues. why do you think that is? >> well, i think that investors have been through a difficult decade, especially equity investors in the united states have suffered some real turmoil in their returns, and they've been bombarded by these messages that generate fear. they're legitimate concerns. the world is a very uncertain place. so we're telling -- >> who's buying -- that's the question, who's doing the buying right now? >> i don't think i have a perfect answer for you on that. i can't identify all the buyers out there for you. i'm sorry. >> okay. >> are
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Search Results 0 to 2 of about 3